The investment strategy of the fund is to purchase units in the CF Prudential UK Growth Qualified Investor Scheme Fund. That fund aims to achieve capital growth over the longer term from a range of mostly UK securities (up to 20% of the property of the Trust may be invested overseas).

?FE Risk Scores measure the riskiness of instruments relative to the FTSE 100 index of shares. Weekly volatility is measured over three years with recent behaviour counting more heavily than earlier behaviour. Cash-type investments will have scores close to zero. Funds will tend to have scores in the 0-150 range. The FTSE 100 is always scored at 100. There is no upper limit.

?Alpha is a measure of a fund's over- or under-performance by comparison to its benchmark. If the Alpha is 5, the fund has outperformed its benchmark by 5%; so the greater the Alpha, the greater the outperformance.

1.54

Beta

?Beta estimates a fund's volatility by comparison to that of its benchmark. A fund with a beta close to 1 means that the fund will move generally in line with the benchmark. Higher than 1 and the fund is more volatile than the benchmark and vice versa.

1.01

Sharpe

?This commonly-used measure calculates the level of return over and above the return of a notional risk-free investment, such as cash. The difference in returns is then divided by the fund's volatility. The resulting ratio is an indication of the amount of excess return generated per unit of risk.

0.24

Volatility

?Volatility (or standard deviation), when applied to an investment fund, expresses its risk. It shows how widely a range of returns varied from the fund's average return over a particular period. For example, if a fund had an average return of 5%, and its volatility was 15, this would mean that the range of its returns over the period had swung between +20% and -10%.

10.06

Tracking error

?This measures the standard deviation of a fund's excess returns over the returns of an index or benchmark portfolio. As such, it can be an indication of 'riskiness' in the manager's investment style. A Tracking Error below 2 suggests a passive approach. At 3 and above the the manager will be deploying a more active investment style.

2.41

Information ratio

?This is a useful risk-adjusted measure of actively managed fund performance. It is calculated by deducting the returns of the fund's benchmark from the fund's overall returns, then dividing the result by its tracking error. The higher the Information Ratio the better. It is generally considered that a figure of 0.5 reflects a good performance, 0.75 very good, and 1.00 outstanding.

0.64

R-Squared

?An indication of how closely correlated a fund is to an index or a benchmark. Values for R-Squared range between 0 and 1, with 0 indicating no correlation at all and 1 showing a perfect match. Values upwards of 0.7 suggest that the fund's behaviour is increasingly linked to its benchmark.

0.94

Price movement

52 week high2652.4

52 week low2041.6

Current bid price2566.1

Current offer price2701.1

Current mid price-

Region

1

UK

92.39%

2

Not Specified

7.17%

3

Europe ex UK

1.32%

4

North America

0.07%

5

Money Market

-0.95%

Industry sector

1

Financials

21.39%

2

Others

15.89%

3

Consumer Goods

14.87%

4

Consumer Services

13.11%

5

Industrials

12.2%

6

Oil & Gas

7.99%

7

Health Care

7.75%

8

Basic Materials

3.45%

9

Investment Trusts

2.2%

Asset type

1

UK Equities

92.38%

2

Others

5.08%

3

Property

2.1%

4

International Equities

1.39%

5

Money Market

0.17%

6

Cash & Cash Equivalents

-1.12%

Individual holdings

1

BRITISH AMERICAN TOBACCO PLC

3.68%

2

BP PLC

3.42%

3

HSBC HOLDINGS PLC

3.14%

4

GLAXOSMITHKLINE PLC

3.1%

5

NET INCOME

2.95%

6

BT GROUP

2.4%

7

VODAFONE GROUP

2.38%

8

ROYAL DUTCH SHELL

2.31%

9

IMPERIAL TOBACCO GROUP PLC

2.3%

Management

Fund manager group

Prudential

Fund manager company

Prudential Assurance Company

Fund type

Pension Fund

Fund objective

The investment strategy of the fund is to purchase units in the CF Prudential UK Growth Qualified Investor Scheme Fund. That fund aims to achieve capital growth over the longer term from a range of mostly UK securities (up to 20% of the property of the Trust may be invested overseas).

Benchmark

IA UK All Companies sector average

Investment style

Growth

Investment method

Shares

Fund managers

Name

Since

Biography

Jonathan Proffitt

01/01/2006

Jonathan Proffitt joined Prudential in 1979. He worked as a research analyst covering the UK financial sector before moving into fund management in 1987 and is currently a fund manager within the UK large-cap team. He is responsible for the management of the UK equity portfolios for the Prudential Life Funds. Previously, Jonathan worked within the group pensions division of Prudential for three years where he was responsible for the funding and solvency analysis for group pensions schemes. Jonathan graduated from Sussex University with a degree in mathematics with statistics; and is a fellow of the Institute of Actuaries.

Compliance

No data available.

Domicile

No data available.

Fund for sale in

United Kingdom

Pru Ex-DSF Equity Pn

Initial charge-

Annual charge1%

Min single investment£0

Min regular saving£0

Available in ISANo

Ongoing charge (OCF)-

Total expense ratio (TER)1%

Bid price2566.1

Offer price2701.1

Mid price-

CurrencyGBX

Price updated08/12/2016

TypeAccumulation

Institutional or retail classRetail

Domicile-

Citi codeILE4

Data provided by

The Content is only for your general information and use and is not intended to address your particular requirements. The Content does not constitute any form of advice, recommendation or arrangement by Moneywise and is not intended to be relied upon by you in making (or refraining from making) any specific investment or other decisions. Appropriate independent advice should be obtained before making any such decision.

This information is sourced from our partner Financial Express. We believe the data to be correct however you should take care in using any information.

You should be aware that prices may fall as well as rise and that the income derived can go down as well as up. When buying or selling any investment that fluctuates in price or value you may get back less than you invested. Past performance is not necessarily a guide to future performance.

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